USCF Gold Strategy Plus Income Fund

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Key stats

Assets under management (AUM)
‪3.12 M‬USD
Fund flows (1Y)
‪−708.78 K‬USD
Dividend yield (indicated)
8.28%
Discount/Premium to NAV
0.1%

About USCF Gold Strategy Plus Income Fund

Issuer
The Marygold Cos, Inc.
Brand
USCF Advisers
Expense ratio
0.47%
Inception date
Nov 3, 2021
Index tracked
No Underlying Index
Management style
Active
ISIN
US90290T8669
GLDX aims to add income to gold exposure by maintaining a substantial position in physical gold and gold futures. The fund primarily gains this exposure directly or indirectly via COMEX gold warrants and gold futures, which is done through its wholly-owned Cayman subsidiary. Gold warrants are negotiable warehouse receipts evidencing ownership of gold bars stored in licensed depositories, and gold futures are fully margined and collateralized. The fund limits its investments in the subsidiary at 25% of its assets, and intends to limit its gold warrant investments to 20% of the value of its subsidiary. Gold futures and warrants are evaluated for expected return and all-in costs to determine the desired balance between them. The fund may also use cash-settled options, forwards, options on futures contracts, and other options to obtain its desired exposure.

Classification

Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Variable
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Futures
Bonds, Cash & Other100.00%
Cash78.28%
Futures21.72%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy